nodepositcasinorealmoney| Pig prices are picking up, and the profits of listed pig companies are expected to improve in the second quarter

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Recently, the National Bureau of Statistics released data showing that in April this year, domestic pork prices rose by 1% year-on-yearnodepositcasinorealmoney.4%。

Zhang Bin, a pig analyst at Shanghai Steel Alliance Agricultural Products Division, told reporters: "After the Spring Festival, the overall price of live pigs showed a volatile upward trend, and the national average price has increased month by month. On May 20, the average price of Sanyuan pigs sold abroad was 15nodepositcasinorealmoney.73 yuan/kg, a month-on-month increase of 4.79%, and a year-on-year increase of 11.27%."

nodepositcasinorealmoney| Pig prices are picking up, and the profits of listed pig companies are expected to improve in the second quarter

Recently disclosed pig sales data for April 2024 by many pig companies shows that the average sales price of commercial pigs has increased year-on-year, and the company's sales revenue has also increased.

Some listed companies said they are optimistic about the second quarter and are expected to achieve profits in a single month in April. At the same time, pig companies such as Muyuan Co., Ltd., Wenshi Co., Ltd., and Shennong Group have announced that the complete cost of pig breeding will be reduced to about 14 yuan/kg, once again increasing the imagination of the industry to reduce costs and increase efficiency.

Zhu Zengyong, a researcher at the Beijing Institute of Animal Husbandry and Veterinary Medicine of the Chinese Academy of Agricultural Sciences, told reporters: "Currently, the pig breeding industry is shifting from sluggish pig prices to normal fluctuations, from losses across the industry to normal profit range of the industry."